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FOX Business
Feb 12, 2013 6:00pm EST
for oil and gas protection? where is the leaders on clean coal technology, which he has talked about for four years. -- gerri: john, let me ask you. i totally agree, but the president is going to say, hey, we have agreed energy agenda where we are making lots of progress. your response? >> the music man promised river city residents of and the law but that never got instruments. i have no problem with green energy, except it cannot deliver what the president says it is going to deliver, and the timeframe that he is talking about. it just -- it is a disturbance. it is unreal, but is not happening in the quantities that are necessary, not because he is not trying. is because the technology is not mature. we cannot produce something for nothing. end of the solar panels today do not have the kind of efficiency that can deliver material energy at an affordable price, the same is true for wind. gerri: we will be talking about solar shortly. a couple of quick questions here are definitely want to get you to. the president last time around mission energy 23 times, one of his favorite things
FOX Business
Feb 15, 2013 4:00pm EST
with the top ways to trade, in point technologies associates professor. good to see you. a lot of folks in silicon valley, of course have been talking. the two in to this story, high-end well-trained and low-end. andy grove who is an immigrant from hungary at intel used to talk about this all the time. we need this country and it sun -- silicon valley needs those high-and train entry-level employees. and so i imagine intel would leave one way to trade. >> right. absolutely. a large semiconductor maker, and it needs scientists of the first caliber, and there aren't that many of them in the world. we have a lot of them here in the u.s. a very good educational system, but also very smart people outside the country, and we would like to employ a pretty much everyone of those the we can get. liz: what is your assumption about what immigration reform would apply? perhaps we back a little bit and look at that and start to figure out where you feel the real stock price are. >> if you look at immigration reform, there are two elements to it that people care about lot. one of them is the high ski
FOX Business
Feb 15, 2013 3:00pm EST
. technology ticker symbol a falling by 5% after slashing the 20 # 13 forecast. for those of you who don't know, they make very sensitive test and measurement equipment pieces. cbs, though a pop of 2% with licensing fees going up. cbs talks about buying back more stock. look at mead west vaco, up 10.5%. why? because the investor is taking a decent stake in the packaging company. speaking of billionaires, no, not charlie, but charlie told you yesterday this would happen. carl icon bought 14 million shares of her ball life, the marketing company giving icon a stake of more than 12%. herbal light shares up a dollar-77, but it was a $70 stock before the babble of the millionaires shorted it and jumped in here. while there's a number of interesting stories out there, the markets look to have a tough time of making headway. just biding time before the next move higher, or is the correction looming? let's get to the floor, traders at the new york stock exchange and the imex. a drop is not a big deal. look at the s&p 500, though, that could have a negative week for the first time in a couple months. do
FOX Business
Feb 18, 2013 5:00pm EST
power industry. the new reactor technology uses helium rather than water at the coolant to allow it to use three times hotter than the reactors that we're using now. researchers say this could make nuclear power safer, more efficient and create less harmful ways. is this the future of nuclear energy? joining us, associate professor of nuclear engineering at oregon state and the director of the project. thank you for joining us. >> thank you for having me. sandra: currently next generation of power in the united states 54%, natural gas 18%, nuclear power the smallest of 16.2%. not very popular. do you think those could change of the new technology are working on is successful? >> it is hard to say. ultimately whether or not nuclear power is a larger proportion of our energy portfolio depends on a lot of long-term economics. natural gas is just so cheap it is hard to justify building a whole lot of nuclear plants so that question is a question that will probably be answered over the next 10 to 20 years a little difficult to predict. sandra: break this down for us. what makes the te
FOX Business
Feb 18, 2013 11:00am EST
just acquired $24 million. media will be second. third will be technology. we have seen the top ten most active buyers. number one, facebook. number four, twitter. number three, groupon. not in the same dollar volume size. dagen: some of these small deals, they are doing it for the talent. they will snap up some of these. >> it is called an aqua higher. dagen: seen it time and again. that is the job market you want to be in. sam, thank you very much. fear and spending concerns that we are only years away from becoming greece. you have heard that before. now it is on the cover. tax dollars going to america's new stadiums. we are live in their water, florida. rich: we are at spring training. government dollars, taxpayers, major league baseball, we will have it all coming up. ♪ dagen: when it comes to our nation that, following president obama's plan to put the united states on a path to becoming worst off than greece in 22 years, this is according to a recent barron's article. we have two guests with us today. i am not biased based on the origin of where i came from. ladies, it is g
FOX Business
Feb 14, 2013 3:00pm EST
investing. risk includes possible loss of principal. liz: technology giant and dow component i have to add. a lot of you may own it somewhere. cisco reported earnings, another strong quarter, investors, though, at the moment, not exactly impressed. down under a full percent, about a percent at the moment. what are they focusing on, perhaps? perhaps, on the outlook where growth is in question in cisco, particularly, overseas, but clearing it up now with the real story, john chambers from san jose, california to talk about where the business is headed. thank you, john, for being here, and let's get to it. >> liz, thank you, a pleasure to be on the show again, go ahead, i'll follow you where you go. liz: the router, core business, routers and switches. okay, what jumped out at me was routers down 6%. they are 47% of the total revenue. tell me why i should not be worried about that? >> okay. let me start with just a little bit of background. liz was this was the 8 #th quarter in a road of record revenues. we exceeded expectations in terms of profitability on gross margins, very stable growth m
FOX Business
Feb 17, 2013 2:00am EST
difference between these green technology boondoggles. >> so e mac, are they all boondoggles? do they pay off or not? clearly the one we mentioned at the beginning is a boondoggle. >> the ones we have now are boondoggles. i agree with rick. the technologies that seem to be working coming out of the government come from nasa or the military. and that's what we're seeing working. of course, a lot of spaghetti taxpayer dollars thrown against the wall. the market don't want electric cars or electric battery cars. it leaves them feeling like they'll be stranded in the woods without any gas or any power to get out of the woods. it stresses them out. so we talk a lot also about nat gas, yes, it's helped by the federal government, but that was a resource that was sitting there. electric batteries had to be developed by people with a lot of taxpayer money. >> morgan, even folks like from the "washington post," charles lane, was talking about how americans just don't want electric cars. for all the money we pour, for all the tax breaks we give to people who buy them, americans still don't want them bec
FOX Business
Feb 11, 2013 1:00pm EST
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FOX Business
Feb 11, 2013 4:00pm EST
, utilities and technology posted gains. >>> copper had its biggest loss in four weeks on demand for the level that it will drop during the lunar new year in china. copper ending 1% lower at $3.72 a pound. >>> oil ending in the green today, posting a 1.4% gain. the jump pushes crude above $97 a barrel for the first time in over a week. nicole? nicole: we've got, let's go over to adam shapiro with the latest. >> this is on lions gate, nicole. it will be a street and the street will like this. earnings per share coming in at 27 cents. the street was expecting 17 cents. that is diluted 27 cents per share. revenue 743.6 million. the street was expecting 719.56 million. quote, overall motion picture revenue for the third quarter, increase of 189% from the prior years quarter. they're looking pretty good at lions gate right now. nicole: adam shapiro, thank you for breaking that news on lions gate. we'll delve into lions gate in. larry levin in the pits of the cme. what are you hearing thinking about and hearing on lions gate. >> that is interesting. two quarters they didn't beat. this is two in a ro
FOX Business
Feb 12, 2013 5:00pm EST
technology. we have paul howard, senior fellow with the manhattan institute. dr. p, let me start with you, shocking. you're shocked, right? can't believe it? >> yeah, it is shocking. i do business in the state of virginia. so it is even more shocking that the state is making such a dramatic statement. you know we heard a lot of small employers up until now talk about how they're going to switch some of their folks to part time but the state of virginia has a lot of people especially in community colleges and teachers who are going to be affected by this. we're going to be now shifted to 29 hours. now unfortunately these employees, not only will be able to get health insurance but they're also going to obviously take a pay cut. melissa: right. >> and be able to pay for, you know, just survival. melissa: right. paul, i mean i guess what is shocking to me about this is that the government is making a sound financial decision. like they're weighing the options and they're sitting there, hey, look, if we cut back we don't have to pay this. so i guess in a way i'm surprised but not for the reas
FOX Business
Feb 13, 2013 8:00pm EST
be innovative. we do not have the high skilled talent that is necessary. technology, innovation, we can do it right here. we don't have to spend a broad. neil: you are obviously factoring in the savings you will get. [talking over each other] [talking over each other] >> it would not to stop. you know, we currently can take our resources and better pinpoint those resources to those that are murderers, rapists, causing harm. what we are doing is having 11 million people, you are targeting them. -- there is not going to be any immigration reform package that will fill out an income tax reform at the end of the year. neil: for all the other things that the president wants to do, expanding high school commitments around the country, initiatives in green technology, all of those things, you're going to have to find a way to pay for it. i would take it at face value. >> the other thing is there will be fees and penalties. [talking over each other] [talking over each other] neil: all of this and how we get to this -- >> and-itis please share and be physically honest with you? i need to evaluate j
FOX Business
Feb 15, 2013 11:00am EST
is out january 30. cliff technologies beating the streets. it is certainly wowing wall street today. dennis kneale talking to the ceo. back to you. connell: looking forward to that a little later on. the boeing dreamliner fiasco has airbus dropping all their lithium batteries. then we have hundreds of people injured in russia. a meteor entered earth's atmosphere. it weighed nearly 10 pounds. traveling almost 12 miles per second. a blast was heard. it shattered windows. it injured nearly 1000 people they are now saying. the number keeps going up. a 155 asteroid is expected to fly within 17,000 miles. that is 15 minutes from earth. charles payne joins us now to make us a little bit of money on market now. i think you would be talking about, i guess, the saga that has become with herbalife. charles: this is an amazing story. we have talked about it. gasparino has talked about it. car icon is no joke. we know that. he is very successful at what he does. he really seems serious this time around. you have two real smart guys that have been around for a long time. ackman, who last fall hin
FOX Business
Feb 13, 2013 4:00pm EST
, and that is solar technology equipment, not just semiconductor equipment making. joe? >> yeah, yeah, yeah, yeah, you're definitely seeing that transition. again, there's the appetite out there. we've seen it's been lagging up until this point. now we are seeing it's leading, and so now you see not just institutional money, but retail money coming in, and the numbers prove that. ashley: joe, cisco, what's the call? you say, look, they are trying to diversify away from the slower moving segments of the business and build momentum. you see that happening? >> yeah, you know what? the revenue stream traditionally from the routeing and switching, obviously, a slower pace revenue stream, getting into the i.t. platform servicing, the enterprise participants spending more, seeing the macro economic trends starting. the business right now has been performing well, and looking at the options marketplace, we're actually seeing there's potential of 5% move going into this number and into the end of expiration week, and we could see momentum going in through the springtime if, again, we see some solid numbers com
FOX Business
Feb 15, 2013 5:00pm EST
round it out. aig at the bottom of the list. by industry, technology has the best representation, and tobacco with the worst. financial services was not far behind. >> the hedge funds love them buying a lot of aig right now. okay, time for the top three things to watch next week. number three, on wednesday, the reading of the state of the housing market, the latest reading on that with the release of january housing starts. economists expecting starts to go down, to drop by 3%. >> bringing in number two, getting two readings on the state of inflation in the u.s. wednesday. first, the january ppi, producer price index, will be released. prices paid by the manufacturers, the producers of goods and services, and economists expect a rise of three-tenths of a percent, and, thursday, a reading of prices paid by consumers, the cti, the consumer price index, and economists looking for a rise of one-tent of a percent. >> the one thing, the federal reserve board. the federal reserve minutes are set to be released wednesday at 2 p.m. eastern. that gives us a look into what the fed thought a
FOX Business
Feb 13, 2013 9:20am EST
and gas from rocks deep underground with fracking technology. he fractured the rocks and release the energy. environmentalist's suppose -- oppose fracking because this it pollutes ground water. not so says the governor of colorado. he and his friends drink water straight from of fracking well and have done it before. he told a senate committee yesterday, they're all doing just fine. the governor wants a free hand to get the gas that is under his state's turf which brings us to last night's state of the union address. not a word about fracking, not a word of encouragement from the government. a lot more on this as "varney & co." rolls on. welcome to a new hour of "varney & co.." the dow industrial average right now is down just a fraction. we are on our record watch. we are just about 150 points, one written 45 points away from the record all time high that was set back in of seven. here is our company to discuss all of this. on the floor of the new york stock exchange. charles, are we going to see a record high soon? >> reporter: within the next three weeks or soon. within two we
FOX Business
Feb 11, 2013 8:00pm EST
classroom in ways that speak to the promoting learning technology. and providing more in way of educational choice. we need to talk about quality of life. in what it means too have an environment with breathable air and lands that people can share, they come from teddy roosevelt view of the world. >> that is your view, you are like a teddy roosevelt-type republican is that fair to say? >> i say it works, republican party has a long history of accomplishments and ways that republican leaders have changed this country. neil: a core conservative group, when run for president, and your powerful roles in republican party over the years, but, i caught a piece today, you might have, in "new york times," a young montana voters, who are very much to the left liberal a lot of them a couple quoted their fondness for you, but. >> heaven forbid. neil: it was not enough you were not enough, and republicans by repudiating you, i'm over analyzing here, were not the necessary of that include all, bring in all. that will hurt republicans, what do you think of that? >> well, i think there is a fundamental shi
FOX Business
Feb 14, 2013 4:00pm EST
production in spain, and the use of medical technology in the u.s.? at t. rowe price, we unrstand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus . ... before insting. . .. liz: demand for gold is dropping and not just today. this as investors opt for riskier trade as prices settle near six-month lows. has the precious metal lost its shine or is this a buying opportunity? joining me liberty trading group president. is this much ado about nothing or is this a real moment where suddenly gold is at six-month lows? >> hi, liz. we're basically looking at reallocation. so many investors over last several months got scared into precious metals, hearing about the european banking crisis and trillion dollar deficits. what we hear in the past the public is notoriously having a bad time, difficult time holding onto assets when the stock market is rallying. everyone hears about the stock market making new highs nearly every other day
FOX Business
Feb 14, 2013 6:00pm EST
of energy. and we can do it by encouraging these breakthrough technologies. think about where we are with natural gas right now. not even -- not even ten years ago we were looking to import. because of the technologies they're out there we have shifted dramatically from a time of scarcity to one of the abundance. so this notion that somehow or another we have to do is increase the prices so that we will use less of our resources, it just doesn't pan out. wire we not smart to acquire we not tapping into the american ingenuity and engineer way to the new affordable. gerri: is doing it every day. gerri: thank you for coming on. it's a pleasure to have you on the show an interest in the year take on this topic. >> thanks so much. gerri: a lot more still to come, including president obama pushing to make preschool available to every single child in the nation. when teachers take coming up. if you're thinking of putting the question, older horses. finally, should be giving to assam after you walk down the aisle. ♪ [ male announcer ] i've seen incredib things. otherworldly things. but
FOX Business
Feb 11, 2013 9:20am EST
wrote the book on this program is with us, 10:35 this morning. now we're going to talk technology for a second. there's something called -- oovoo, a video chat feature that will come on the new blackberry 10. it is a direct competitor of skype and it could be a game changer for blackberry, maybe. joining us now is the president of oovoo. welcome to the program. >> good morning. stuart: you go right up against skype, don't you? that's what you do? >> we have 70 million people using oovoo today. skype is not secure. it's peer to peer. we host conversation in the cloud. stuart: i can carry on a group conversation with oovoo is that correct? >> you can have up to 12 different people on 12 different devices all in hd quality, absolutely free. stuart: that is i think what -- i'm going to say that's the big deal, isn't it? the fact that you have got group chat with hd quality. that's your appeal? >> that's why hundreds of thousands of people are joining the service. stuart: i'm sorry. i didn't know the correct pronunciation when you have 70 million people using this, sir, i do apologize
FOX Business
Feb 11, 2013 11:00am EST
building new technologies. these are allowing profit margins to go off. that is why we consistently see 60-70% of companies beating estimates. s&p earnings can easily be 110. we have a long way to go in this market. connell: brian thank you very much. thank you for playing along with marshall. dagen: a majority of americans think we are still in a recession. something the president will have to think about going into tomorrow's state of the union address. connell: lawmakers work for a real reform to our immigration policies. a pretty good story on that coming up. before we get to all of that, here is a look at oil today. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i
FOX Business
Feb 15, 2013 1:00pm EST
of nonfinancial companies in s&p 500, pretty much itching to be put to work, 40% is found in the technology space. about 20% in health care, you got to wonder how are they going to put this money to work? dividends, yes. share buybacks, yes? investing in themselves? capital expenditures, yes. then also mergers and acquisition activity, if you can't grow it organically, well then you just buy it and you have instant market share. ashley: so where do the markets go from here? seems like they're kind of stalled out right now, perhaps waiting to see what is happening in washington. we've got the big automatic cuts that kick in on march 1st. >> that's right. there is usually what is called a correction that takes place and it happens either in price or in time. meaning that if the market basically goes nowhere for a while, that is what is called a correction in time. so the markets tend to digest themselves and as we move forward we get more earnings, et cetera, then the valuations become a little more attractive. we could also see a correction in price where we actually go down to prior levels, give
FOX Business
Feb 15, 2013 12:00am EST
from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [applause] john: we have heard a "staterd of the union" when the president says moreate o government is the solution i have a dream when the president walks to the podium and says this. [applause] john: thank you thank you. i am so happy i won again know i don't have to suck up to my base somebody has to be the grown-up speakerur h boehner said i said we don'tnt l havees the spending problem might remember that but we do have the spending problem. with their history government was small. federal-state local government together spent less than $500 per person for more than 100 years government was less thanless 5% and when may grow the most prospering
FOX Business
Feb 16, 2013 9:00pm EST
. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment inrmation, risks, fees and expenses to read and consider carefully before investing. and. [applause] watching the coverage of the "state of the union" i hear republicans and democrats thinking will this help republicans? i don't care. so to talk about freedom and prosperity, our freedom loving panel is here to debate this with kathryn mangu-ward and deroy murdoch and michael moynihan what does it mean to you? >> the onslaught will continue. the american people don't expect people to -- the government to solve every problem. >> we have 15 manufacturing hubs. john: and the government has to create that >> and a college score card i that "u.s. news and world report" gave us updates but now the government will do that. and
FOX Business
Feb 11, 2013 5:00pm EST
the table. the man behind the breakthrough technology joins us next. i hope the white house takes notes on this one. the end of the day it's all about money and beer. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whateverhe world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ melissa: a new type of drink is on tap. the brewery is now serving beer powered
FOX Business
Feb 11, 2013 10:00pm EST
experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. sleep number setting. exclusively at a sleep number store. sleep number. comfort ... individualized. at the ultimate sleep number event, queen maresses start at just $599 . and save 50% on our innovative limited edition bed. ♪ lou: the senate armed services committee holds a vote tomorrow on the nomination of former senator chuck a bill to become secretary of defense. the senate finance committee will hold his confirmation hearing for treasury secretary nominee jack clued on wednesday, and their is a new opening, the head of the small business administration announced she is leaving the administration once a successor is confirmed. might be selected to the job. joining the cabinet that hardly meets and does not assure access to the president in any way. the president obviously does not hold his cabinet members in high regard. since2009 the president's cabinet meetings have been steadily declining pros six in each of h
FOX Business
Feb 12, 2013 7:00pm EST
technology acquisition for the u.s. army under presidents bush and obama, the code as chair of a nonprofit washington d.c. group, the strategic materials advisory council. good to have you here. i have to say, i was shocked that this was approved without qualification. were you? >> i was shocked beyond belief. putting it into a sequence with a number of things that have happened since election day 2012, we are seeing is a complete reversal in the president's policy. i wish tonight in the state of the union he would address the inconsistency that he had that prior to the national elections he was pro-labor, pro union, pro u.s. manufacturing of upper u.s. industries, defense industries and the like and that it has been one thing after the other since november 6th. lou: this deal, i mean, the canadians themselves said in december as they approved the acquisition by the chinese overseas oil company, the canadiens announced it would be the last deal of its kind that would be approved by the canadian government, that it was drawing a clear line against state-controlled companies taking majority
FOX Business
Feb 13, 2013 1:00pm EST
that leadership is going to change. you mentioned earlier the financials look good to me. technology is an interesting one. tech is doing well, i think there is more to go. a little more economic sensitivity is the way to do with. lori: apple fell 2.5% yesterday. we think apple is a unique story, not a bellwether? >> no, i don't. if you back it out, doing better than the broader market so i think there is a lot of pent-up demand particularly in the enterprise side for an upgrade cycle that hasn't happened yet, companies reluctant to spend. that will loosen up in the second half of the year. lori: any ideas after listening to the state of the union last night? just from listening? >> i was encouraged by that mention, particularly when the president indicated the licensing process needs to be speeded up. i think it is terrific because obviously we're having an abundance of it. more than enough to set the domestic needs up. i would like to build some facilities for export, pipelines domestically. the whole story is an extraordinary one and i'm glad to see the president at least gave it
FOX Business
Feb 13, 2013 3:00pm EST
technology in austin or energy in houston. job growth is, you know, put people in buildings. where do you got to go to the people being hired. liz: seems like this is one of these, you've got to sit tight and wait and believe that this asset class is really something. i mean, especially for the guy like you who is filling these reits with assets. >> yes. it's a non-liquid structure. you got to believe in the old traditional buy and hold strategy of real estate. you know, the reason why you want to get into real estate 1 it's noncorrelated to the rest of the portfolio. liz: how do you find a reits? >> local investment adviser and just ask. liz: nice to see you, and thank you for being a professor here. >> thank you very much. liz: keith hall, co-founder and managing partner on nontrading reits. it's on our facebook page. closing bell ringing in six minutes. interesting developments concerning best buy and the founder. this is breaking news. he may go in a different direction with the struggling retailer. stay tuned, we'll have all the details coming up. ♪ [ indistinct shouting ] ♪ [ indist
FOX Business
Feb 13, 2013 7:00pm EST
technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before inveing. ♪ lou: for all about facts, of course, here in "chalk talk," and president obama, well, to be kind, he was not there without bigger things on his mind. take a look here, if you can see this, five of the most egregious, what do you call them? stretches of the imagination, exaggerations? start with the president bragging about, first of all, his jobs record. here he is. >> after years of grueling recession, our businesses have created over 6 million new jobs. lou: 6 million new jobs, i mean, that's impressive, isn't it? there's a little problem. we're not saying the president did it intentionally. it had to be an accident of some kind, but the president started counting, and this is sort of peculiar. months after he took office
FOX Business
Feb 14, 2013 8:00pm EST
, is that to say any high technology title of an who bolt -- titan who builts from prewritten environment tha scriu shall only deal with democrats, will get punished? >> you are seeing that. the demonnation of the coke brothers or with alec. it is evil suddenly, that is when you see massive protests and politicians even domonnizing -- demonizing these people, i was at the 912 march in washington d.c. with the tea party, there was barely a gum wrapper lift, they cleaned up afterwards they were polite, and you juxtapose that with the union protests and left protests, and occupy movement it is night and day. neil: tea party losing public support. what happened in two years? >> well, what happened is, nothing really bad. everyone is trying to paint this as a tragedy right now, latest polling shows 8% of american voters who consider themselves tea partiers, you talk about 12 million hard 8 hard-core act, now other political movement in this country that can claim 12 million people who would raise their happened and say they are a part of that movement after billions of dollar media spend to vilify the t
FOX Business
Feb 15, 2013 9:00pm EST
of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort ... individualized. right now, queen mattresses start at just $599 . and save 50% on our limited edition bed-plus special offers through monday. gerri: this will shock you, one of the most talked about dirty words on college campuses, and it's "profit." no kidding, despite being the enjoin that runs the country, college kids are talking about greed and corruption. joining me is the professor of business and economics in kings college in new york. thanks f being on the show. your column lit a fire here. we were amazed by this. you teach, and yet students come and say what? >> to talk aout non-profit management because she was interested in it, and i could tell she was uneasy n the conversation. i said, you know anything else on your mind? she pauses and leans forward, and in a hushed voice says, you know, is it okay if i just go
FOX Business
Feb 15, 2013 10:00pm EST
designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort ... individualized. right now, queen mattresses start at just $599 . and save 50% on our limited edition bed-plus special offers through monday. ♪ lou: considerable outrage over newly released video of a mandatory so-called cultural sensitivity training program at the department of agriculture. nearly 200,000 taxpayer dollars went to this diversity awareness trainer who urged government workers to refer to programs as illegal aliens. listen to this. >> only to see america is not made up of outsiders. direct. it is insiders. very nervous about those outsiders. a one eat said say that there are illegal aliens. say the programs never give their passports to the indians. lou: so many things you would like to say to him. he went on to tell employees to stay away from the word minority and instead use the freight emerging majorities. you
FOX Business
Feb 16, 2013 12:00am EST
things on the table they could do. whether or not we have the technology to do it, that's what we want to see. melissa: i don't know. all the things we're wasting money on. i feel like this is a thing to spend a few bucks on. >> in 2016, nasa launches a probe to an asteroid to learn what it's made of and learn how to break it apart. mel meme seems like a long time from now. appreciate your time. >> thank you. melissa: next, the world watching the carnival cruise nightmare in horror; right? can they get people excited about heading out to sea again? a top marketing expert gives us the cold hard truth. at the end of the day, it is all about "money," and onion sandwiches. ew. ♪ melissa: triumph at last, the 4,000 passengers stuck on the carnival cruise ship finally on dry land after being marooned in the middle of the gulf of mexico for four days. to get an idea what it was like, take a listen not reactions. >> every time the boat lifted or leaned, the sewage would spill over. >> it got smelly, filthy, and really bad. >> disgusting. we tried not to eat. >> it was not a vacation anymore.
FOX Business
Feb 16, 2013 5:00am EST
, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. gerri: this will shock you, one of the most talked about dirty words on college campuses, and it's "profit." no kidding, despite being the enjoin that runs the country, college kids are talking about greed and corruption. joining me is the professor of business and economics in kings college in new york. thanks for being on the show. your columnlit a fire here. we were amazed by this. you teach, and yet students come and say what? >> to talk about non-profit management because she was interested in it, and i could tell she was uneas
FOX Business
Feb 12, 2013 1:00pm EST
. at the goldman sachs technology an internet conference today appeal ceo tim cook was asked whether apple would use its cash to make a large acquisition and what its strategy is on buying other companies? >> we're disciplined and thoughtful and you know, we don't feel a pressure to just go out and acquire revenue. we want to make great products and that's what we're about. and so if a large company could help us do that even better, then that would be of interest. >> and overstock.com announcing its ceo patrick byrne will be taking a temporary leave of absence for medical reasons. overstock president jonathan precedent will serve as the acting ceo. thaa is the latest from the fox business network, giving you the power to prosper. lori: a significant change coming to sac capital. it is all in an effort to soften the blow of the results for wide-ranging insider trading probe. charlie gasparino joins us with ex-class sieve details. -- exclusive details. >> not necessarily the probe but impact on the probe. major redemptions likely to come on valentine's day. 14th of february when you can start dem
FOX Business
Feb 12, 2013 9:00pm EST
plan but i also want to work with this congress to encourage the research and technology that helps natural gas burn even cleaner and protects our air and our water. in fact much of our new-found energy is drawn from lands and waters that we, the public, own together. so tonight i propose we use some of our oil and gas revenues to fund and energy security trust that will drive new research in technology to shift our cars and trucks off oil for good. if a nonpartisan coalition of ceos and retired generals and admirals can get behind this idea, then so can we. let's take their advice and free our families and businesses from the painful spikes in gas prices we put up with for far too long. i'm also issuing a new goal for america. let's cut in half the energy wasted by our homes and businesses over the next 20 years. [applause] we'll work with the states to do it. those states with the best ideas to create jobs and lower energy bills by constructing more efficient buildings will receive federal support to help make that happen. america's energy sector is just one part of an aging infra
FOX Business
Feb 11, 2013 3:00pm EST
smart technology ceo out there, and obviously you are one of them, they all want to get on the cloud, there is going to be a lot of competition from big and small companies in your space. how do you compete with that and stay strong? >> well, we're unique in we use this thing called open source, the development model, only publicly traded open source development or company based on that model. we have been able to uniquely protect that, and so we'll continue to drive that forward. and it is unique and different. no one else is really competing in open source with us. cheryl: again, linux is a big piece of that. >> it is. but all of our software, storage solutions open source, nine of the ten all run on open source infrastructure. the cloud is really built on open source. cheryl: you're in the process of moving the company to raleigh, north carolina. what are the advantages of being in north carolina versus frankly being in other states that have higher taxes? >> well, sure, when we look, we have large development centers in boston, on the west coast, and our headquarters now in ralei
FOX Business
Feb 12, 2013 4:00pm EST
's top performing sectors while technology, consumer staples and health care were the ones that kind of lagged behind. did you see corn? corn falling for an eighth session in a row on reports that output is expected to climb in south america. that supply goes up, corn hits an intraday low of $6.93 a bushel. the grain's lowest price in one month. and u.s. small business owners' confidence increasing just slightly last month but remaining near record low levels. the national federation of independent businesses reporting its index rose to 88.9. the survey says uncertainty about the economy has kept small business owners from hiring and expanding. it's the old u word. david: by the way, it has been a wild day for buffalo wild wings on expectations of their earnings. we don't have to expect 234eu78, we've got the earnings. adam shapiro, what are the numbers? >> reporter: that's right. the adjusted earnings per share came in at 89 cents, the convenient was expecting 96 cents. revenue, however, is a big beat, the stteet was expecting 294.4% million. the stock is trading down after hours. h
FOX Business
Feb 14, 2013 5:00pm EST
. any chance we'll do that here anytime soon? >> i think there is some really exciting technology coming in the next ten to 15 years of being able to reuse that fuel over and over again, which will actually make nuclear a real renewable looking at it going forward. melissa: what is the climate like in washington right now for nuclear? >> we have had tremendously positive support for nuclear. melissa: in washington, seriously? doesn't feel like that. did you hear the state of the union? >> i did. both parties have been supporting nuclear. you don't have a big debate. give you couple examples in the czech republic we have tremendous support from the u.s. government. we had secretary clinton come over and actually support us in our bid work there. the ambassador icen in country has been tremendously support citi. -- supportive in washington because we create a lot of jobs in the united states. melissa: flip side, natural gas is really cheap. there is so much fracking going on and the supply is so high that it seems like a long term structural change in the price of natural gas. how do you b
FOX Business
Feb 13, 2013 11:00am EST
states and this may seem encouraging, the michigan manufacturing technology center estimates it will only create 200 jobs. shares of apple shared 10% of their value over the last month up slightly in today's session, $468 a share. dennis: the nightmare is not over for the 3,000 people aboard the carnival triumph, the disabled cruise ship being towed to alabama after suffering a fire that caused it to lose power. the ship left galveston, texas last thursday with 3,000 passengers and 3,000 crewmembers. the fire broke out in the engine room sunday morning when the ship was 150 miles off of the coast of the yucatan peninsula. that caused it to lose power and remain adrift at sea. anyone ever heard of backup? the 820 foot ship is being towed to port in mobile, alabama. no power on the ship means no light or air conditioning and a small percentage of bathrooms on the ship are still functioning can you can't get off. conditions are described as horrific and sickeningly some passengers reported the orting food and others waiting in line for hours for meals. expected to report today or tomorrow, t
FOX Business
Feb 14, 2013 1:00pm EST
of technology, so we're in a world today in which profits are so important and managements are so attuned to profits, and i think that is good for shareholders. >> it's interesting. you are bullish saying we can see the double digit returns, hank, that we saw last year, but picking sectors, you're defensive, aren't you? why is that? >> we'll, we're a combination. the reason is we live in a below average growth rate, blowout economic growth rate, and that's not going to change. threats head winds like deleveraging, such as overregulation, fiscal policy, if you will, but there's tail winds too -- housing, energy, the auto sector, consumer confidence is picking up, so bsh bsh -- but it adds up to a below 3% world. you need balance in defensive sectors and offensive sectors like industrials as well. >> keeping the food theme today, texaco and mcdonalds your pick, a sure thing at the end of the day, i need a soda and a burger for the kids for lunch. >> and you get a better than bond yield with the stocks. they pay dividends higher than what they pay on their own ten-year debt. you can have you
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